NOT LISTED FOR SALE

7291 E Adobe Dr Unit 101 Scottsdale, AZ 85255

Grayhawk Neighborhood

Estimated Value: $859,482

-- Bed
-- Bath
13,907 Sq Ft
$62/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $532,000 $38 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,042/month

88 Days on Market

Highlights

  • Community Kitchen
  • Computer Room
  • Heating Available
  • Pinnacle Peak Elementary School Rated A
  • Concrete Flooring

About This Home

As of January 2021

Corner Unit - High Visibility Location , North East exposure to traffic,. C4 - Zoned Flex Space Industrial Office Condo. TI completed in 2007. Approximately 70% office space, 30% Flex Warehouse. Approx 600 sq ft of mezzanine storage space added. Build outs include Large Customer waiting area, business office, executive office, customer bathroom, kitchen, warehouse bathroom.

Last Agent to Sell the Property

Dennis Alaburda

Berkshire Hathaway HomeServices Arizona Properties License #SA533543000 Listed on: 09/21/2020

Berkshire Hathaway HomeServices Arizona Properties

Co-Listed By

Crawford Love

Berkshire Hathaway HomeServices Arizona Properties License #SA678379000

Last Buyer's Agent

William Milne

ML CO Realty License #BR008680000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,046

Year Built

  • Built in 2006

Lot Details

  • 2,720 Sq Ft Lot
  • Property is zoned C4

Home Design

  • Foam Roof
  • Block Exterior
  • Metal Siding

Interior Spaces

  • 13,907 Sq Ft Home
  • Computer Room
  • Concrete Flooring

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces

Utilities

  • Heating Available

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 212-03-479

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Showroom
  • Reception Area

Additional Features

  • Scottsdale Ridge Business Center Condominiums Subdivision
  • Operating Expense $6,046

Property Details

Property Type

Other

Est. Annual Taxes

$6,046

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: Scottsdale Rd & Adobe
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: C4
  • Bay Info Bay Door Height: 14.0
  • Current Use: Mixed Use, Retail, Service Business, Retail PAD, Automobile, Packge Store(Liquor), Office, Warehouse, Food Service
  • Number Of Buildings: 1
  • Year Built: 2006
  • Tax Year: 2020
  • Directions: Scottsdale Road to Adobe. East on Adobe from Scottsdale Road, approx 1/2 block. Right into complex. End unit of Right.
  • Lot Size Acres: 0.06
  • Road Surface Type: Asphalt, Sidewalk(s), Alley
  • Co List Office Mls Id: praz22
  • Co List Office Phone: 480-473-4900
  • Subdivision Name: SCOTTSDALE RIDGE BUSINESS CENTER CONDOMINIUMS
  • Structure Type: Commercial, Industrial, Office, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Other

Exterior Features

  • Fencing: None
  • Construction Type: Metal Siding, Block
  • Roof: See Remarks, Foam
  • Construction:Block: Yes
  • Construction:Metal: Yes

Garage/Parking

  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Warehouse Evap, Office A/C
  • Heating: Electric
  • Green Building Features: Conference Room, Reception Room, Showroom, Kitchen, Computer Room
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Computer Room: Yes
  • Amenities:Showroom: Yes

Lot Info

  • Lot Size Sq Ft: 2720.0
  • Additional Parcels: No
  • Parcel #: 212-03-479
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 6046.0
  • Leasable Area: 2720.0

Tax Info

  • Tax Annual Amount: 6046.0
  • Tax Book Number: 212.00
  • Tax Lot: 101
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Jan 27, 2021
Sold by
Dontes Of New York Ltd
Bought by
Srbc Ventures Llc
Seller's Agent
Dennis Alaburda
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
William Milne
ML CO Realty
List Price
$649,000
Sold Price
$532,000
Premium/Discount to List
-$117,000
-18.03%
Current Estimated Value
$859,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,482
Avg. Annual Appreciation
10.70%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Kremen Richard D and Kremen Leonore M
Bought by
Dontes Of New York Ltd

Purchase Details

Closed on
Aug 18, 2006
Sold by
Deerscott Capital Group Llc
Bought by
Kremen Richard D and Kremen Lenore A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.56%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Srbc Ventures Llc $532,000 First American Title Ins Co
Dontes Of New York Ltd $375,000 Fidelity National Title Ins
Kremen Richard D $417,745 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kremen Richard D $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $532,000 -18.0% $38 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $649,000 -- $47 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,766 $63,105 -- --
2024 $5,854 $61,978 -- --
2023 $5,854 $104,805 $20,961 $83,844
2022 $5,940 $90,160 $18,025 $72,135
2021 $6,220 $86,598 $17,316 $69,282
2020 $6,046 $80,028 $16,002 $64,026
2019 $6,089 $72,648 $14,526 $58,122
2018 $5,923 $66,384 $13,266 $53,118
2017 $5,663 $63,018 $12,600 $50,418
2016 $5,600 $57,654 $11,520 $46,134
2015 $5,485 $50,617 $10,120 $40,497
Source: Public Records

Agents Affiliated with this Home

  • Dennis Alaburda

    Seller's Agent in 2021

    Dennis Alaburda

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 239-2278

    3 in this area

    61 Total Sales

    Dennis Alaburda
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Crawford Love

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 575-6575

    3 in this area

    38 Total Sales

    Crawford Love
    Section Image

  • W

    Buyer's Agent in 2021

    William Milne

    ML CO Realty

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6135303

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-03-479

Arizona Maricopa County Scottsdale 85255 Grayhawk

7291 E Adobe Dr Unit 101, Scottsdale, AZ

This home is located at 7291 E Adobe Dr Unit 101, Scottsdale, AZ 85255 since 21 September 2020 and is currently estimated at $859,482, approximately $61 per square foot. This property was built in 2006. 7291 E Adobe Dr Unit 101 is a home located in Maricopa County with nearby schools including Pinnacle Peak Elementary School, Explorer Middle School, and Pinnacle High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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